One month ago, we brought you the news that Diversified Energy and EQT Corporation had settled a class action lawsuit originally brought by several West Virginia landowners (see EQT, Diversified Settle WV Class Action Lawsuit re Old Wells). There is the money aspect of the lawsuit, a payout of up to $6.5 million (subject to…
Methane emissions from the country’s top oil and gas-producing basins have fallen 44 percent since 2011, according to data from the Environmental Protection Agency. This plunge in emissions comes even as the country has managed to shatter energy production records – the United States produced more crude oil than any nation at any time for
Despite some initial resistance to the idea, Halliburton and Stanolind Oil pioneered the hydraulic fracturing that led to the shale boom. This post appeared first on Hart Energy.
Chip Moldenhauer, CEO and founder of energy analytics company Arbo, gives insight into regulatory impacts the energy sector should watch for entering 2025, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
The U.S. needs approximately 400,000 new engineers each year moving forward but is currently only able to fill about one-third of the engineering positions available through at least 2030. This post appeared first on Hart Energy.
Here’s a roundup of the latest E&P headlines, including a major gas discovery in Colombia and the creation of a new independent E&P. This post appeared first on Hart Energy.
United States Steel Corp. said it has concerns that Argentine oil country tubular goods are being dumped “at much higher levels” than preliminary data suggested. This post appeared first on Hart Energy.
The Baker Hughes national rig count dramatically increased last week, adding seven rigs for a national count of 589. Note that the national count continues to be rangebound between 581 and 589 since June (except for Sep. 13, when it hit 590 for a single week). Will we break out of the rut and go…
Upper Burrell (Westmoreland County, PA) town supervisors have historically been receptive (or at least tolerant) to the Marcellus Shale industry that has so blessed their town and Westmoreland County (see our Upper Burrell stories here). According to MDN’s soon-coming data service, Upper Burrell has 20 actively producing shale wells, with 17 of them drilled since…
Hart Energy has published a number of articles highlighting companies and key people in the Marcellus/Utica region. Hart has an ongoing series called Hart Energy’s Hall of Fame to honor industry pioneers and the Agents of Change (ACEs) who are leading the energy sector into the future. A recent Hall of Fame article highlights one…
Two pipeline industry titans are going after each other again. Energy Transfer and Williams previously tangled over an aborted proposed merger, a saga that stretched from 2015 until it was finally settled in 2023 (see Williams Finally Wins Case Against ET Aborted Merger – $495 Million). More recently, Williams sought permits to drill for a…
In January 2023, New York Gov. Kathy Hochul, an extremist, floated a plan to ban natural gas hookups in every single new home and business across the “Empire” State (see NY Gov. Hochul Loses Her Mind – Wants to Ban Gas in New Buildings). She even wanted to ban gas in existing homes, but that…
An unusual reduction in producer hedging found in a Haynes and Boone survey suggests banks are newly open to negotiating credit terms, a signal of market rewards for E&P thrift. This post appeared first on Hart Energy.
The White House said it implemented a permit pause on export facilities to allow time for an analysis of LNG climate impacts. This post appeared first on Hart Energy.